January 23, 2014

The University Budget Advisory Committee, appointed last fall by President Kirk Schulz and chaired by Provost and Senior Vice President April Mason, has met three times. Committee work to date has included:

Review of the university’s current budget processes and calendar

Discussion of prioritization methods and evaluation of a proposed three-year rolling budget model

Discussion of a budgetary structure to help guide and determine major capital projects in the future

Discussion of the need to align the universitywide budget with K-State 2025 initiatives and priorities

Discussion of the need to build a broader understanding of the university budget and ways to reach out to the K-State community

Review of the Tuition Strategies Committee’s process for recommending tuition and fees

Review of the governor’s FY 2015 budget recommendations and potential effect on K-State

Identification of processes which need development for future budget transparency

Review of an initial draft committee action plan and time line

The committee’s next meeting is Feb. 17. Please send your questions or comments to budget@k-state.edu and updates will continue to be posted online at: www.k-state.edu/president/budget. The site also includes more information on the committee’s charge and other university budget resources.